TORONTO, ONTARIO--(Marketwired - July 11, 2016) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) is pleased to announce the initial results of its debt restructuring efforts. As previously disclosed, with the assistance of outside advisors, Kerr has initiated negotiations with both secured and unsecured creditors of the Company to reduce and [...]
TORONTO, July 7, 2016 /CNW/ - DELISTING REVIEW Kerr Mines Inc. (the "Company") – Further to TSX Bulletin 2016-0449 dated May 9, 2016, TSX has decided to extend its review of the eligibility of the common shares (Symbol: KER) of the Company for continued listing for a period of 30 days. About TMX Group (TSX:X) TMX Group's key subsidiaries operate [...]
TORONTO, ONTARIO--(Marketwired - Jul 4, 2016) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER), is pleased to announce that shareholders voted in favour of all resolutions presented in its management information circular at the annual and special meeting (the "Meeting") held on June 30, 2016. A total of 51,146,361 common shares were voted at [...]
TORONTO, ONTARIO--(Marketwired - Jun 20, 2016) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) announces the resignation of Wayne Tisdale as a director of the Company effective June 16, 2016. Mr. Tisdale's seat will be filled at the Company's upcoming annual and special meeting of shareholders to be held on June 30, 2016, where a board of [...]
TORONTO, ONTARIO--(Marketwired - May 30, 2016) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) wishes to announce that the conversion price on the previously announced CDN$1,350,000 December 17, 2015 convertible promissory note (the "December Note") has been changed to $0.05 per common share. All other terms of the December Note, as announced [...]
TORONTO, May 9, 2016 /CNW/ - DELISTING REVIEW Kerr Mines Inc. (the "Company") – Further to TSX Bulletin 2016-0220 dated March 9, 2016, TSX has decided to extend its review of the eligibility of the common shares (Symbol: KER) of the Company for continued listing for a period of 60 days. About TMX Group (TSX:X) TMX Group's key subsidiaries operate [...]
TORONTO, ONTARIO--(Marketwired - May 5, 2016) - Kerr Mines Inc. ("Kerr Mines") (TSX:KER) is pleased to announce that further to a joint press release with BonTerra Resources Inc. (TSXV: BTR, US: BONXF, FSE: 9BR1) ("BonTerra") dated March 17, 2016, the parties have completed the transaction pursuant to which BonTerra can acquire from Kerr Mines a [...]
TORONTO, ONTARIO--(Marketwired - Mar 11, 2016) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) is pleased to announce that it has arranged debt financings with an existing shareholder and creditor of the Company (the "Holder"). On December 17, 2015, the Holder loaned the Company an aggregate of CDN$1,350,000 under a convertible promissory [...]
TORONTO, March 9, 2016 /CNW/ - DELISTING REVIEW Kerr Mines Inc. (the "Company") – TSX is reviewing the common shares (Symbol: KER) of the Company with respect to meeting the continued listing requirements. The Company has been granted 60 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process. About TMX [...]
Kerr Mines is announces that the Company's existing secured promissory note payable to Nemi Northern Energy & Mining Inc. in the aggregate amount of $2,138,329, inclusive of interests and fees, has been purchased by an existing shareholder of Kerr Mines for aggregate proceeds of $1,875,000. "This is an important first step in Kerr's goal, in [...]
TORONTO, ONTARIO--(Marketwired - Oct 14, 2015) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) is pleased to report that drilling has intersected the Lower Plate Zone that runs parallel to the main Copperstone Mine located in Western Arizona. Three of the holes completed in this phase cut gold-bearing mineralization as projected, highlighted [...]
TORONTO, ONTARIO--(Marketwired - Aug 25, 2015) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) announces that Andres Tinajero has tendered his resignation as Chief Financial Officer of the Company. Kerr has initiated a search for Mr. Tinajero's successor and will be announced in due course. Until such time as a new CFO is appointed, Kerr has [...]